Slide 1: Full-Year 2024 Results
Full-Year 2024 Results March 27th 2025
Slide 2: Kontron: FY Results & Company Highlights
Kontron: FY Results & Company Highlights Results Highlights Company Highlights › Leap in EBITDA › Strong improvement in GM to from EUR 126m (2023) to EUR 41.2% / transition to new 192m (2024) technologies › Strong Operative Cashflow › New disruptive products adj. EUR 149m released: AIShield, Kontron
Slide 3: KPIs FY 2024
KPIs FY 2024 Revenues* EBITDA Net Result after NCI (in EUR m) (in EUR m) (in EUR m) + 37.4% + 52.2% 122 Cent EPS + 20.6% 147 Cent 1,685 192 91 1,716 78 1,257 126 12M 2023 adj. | 12M 2024 | 12M 2024 adj. 12M 2023 | 12M 2024 12M 2023 | 12M 2024 *Incl. principal revenues Backlog vs. Revenues Gross Prof
Slide 4: Kontron Group Balance Sheet 2024
Kontron Group Balance Sheet 2024 Equity and liquidity very strong in EUR m 31.12.2024 31.12.2023 in EUR m 31.12.2024 31.12.2023 NON-CURRENT ASSETS 744.8 492.5 EQUITY 652.3 604.0 Tangible assets 238.1 110.4 Accumulated results 522.7 462.8 Intangible assets 157.3 102.4 as of treasury shares -50.1 -43.
Slide 5: Additional disclosures
Additional disclosures FY 2024 Katek share in FY results Kontron Katek share Organic Revenues Growth 2023 2024 In EUR m FY/24 FY/24 Reported 3rd party revenues 1,226 1,685 Reported revenues 1,685 431 Acquisitions 2023 -13 -33 Gross margin (in %) 41.2% 35.7% Acquisitions 2024 -11 -431 EBITDA 192 42 O
Slide 6: Strong cash generation
Strong cash generation Healthy Operating Cashflow Generation Cash generation (op CF) Status liquidity (In EUR m) › EUR 316m cash on hand 149 › EUR 130m available lines 123 › EUR 90m additional lines for Katek 44 Liquidity amounts to >EUR 500m after the Katek acquisition but used only cautiously in s
Slide 7: Kontron: Major KPIs
Kontron: Major KPIs Strong operational development in EUR m 2022 2023 2024 Comment Revenues 1,064 1,257 1,716 +61.3% growth Gross Margin (in %) 34.7% 38.0% 41.2% Reflects transition in segment mix and intro of new products and technologies EBITDA 110* 126 192 Strong improvement over last years Net p
Slide 8: Europe: Strong growth in industrial IoT technology
Europe: Strong growth in industrial IoT technology Revenue & About the segment EBITDA* Backlog › Broad base of IoT products for various industries › 8.4% EBITDA margin currently 82 › Represents 58% of group revenues and 42% of group EBITDA in 2024 978 937 › Growth driven by smart factories and resho
Slide 9: Global: Back to normal profitability
Global: Back to normal profitability Sales channel to sell European technology Revenue & About the segment EBITDA* Backlog › Sales/Support channel for the complete Kontron technology portfolio › 9.7% EBITDA margin currently › Represents 14% of group revenues and 12% of group EBITDA 253 23 › Expand t
Slide 10: Software + Solutions: Fast growing
Software + Solutions: Fast growing Biggest EBITDA contributor 2024, just started in 2020 Revenue & Segment trend EBITDA* Backlog › Offer unique IoT technology for special vertical markets (low competition) › 18.5% EBITDA margin › Represents 28% of group revenues and 46% of group EBITDA 888 › More th
Slide 11: Massive design win volume increases to EUR 6.64bn
Massive design win volume increases to EUR 6.64bn Backlog rose to EUR 2.08bn driven by great order intake Design Wins 6,643 (in EUR m) $250 Mio 4,100 3,407 2,970 2,353 2020 2021 2022 2023 2024 Backlog (in EUR m) 2,078 1,686 1,460 1,160 804 2020 2021 2022 2023 2024 11
Slide 12: Kontron Structure divisions in segments
Kontron Structure 10 divisions in 3 segments Europe Global Software + Solutions Industrial Telecom North America Software Transport Aerospace & Services ODM Asia Defense GreenTec Target FC 25 Target FC 25 Target FC 25 € 850m EBITDA 10% € 300m EBITDA 10% € 800m EBITDA 17% 12
Slide 13: Unique IoT solutions for special markets
Unique IoT solutions for special markets High-Speed trains Defense & Aerospace Charger for eCars Automotive NADs Market EU: increase 11k -> 30k km of Global increase in defense EU permits only eCars 2035 All Smart autonomous cars high speed lines by 2030 budgets (ramp up 2026) need IOT DE infrastruc
Slide 14: Mega technology drivers
Mega technology drivers Kontron has 3,200 experienced engineers = #1 brainpower in IoT Mega technologies for IoT end devices Partnerships for IoT grids + end devices KontronOS Software for IoT devices Qualcomm › Current IoT networks do not comply to NIS-2 requirements › Joint development for 5G/6G/F
Slide 15: History and 2025 forecast
History and 2025 forecast Continuous strong growth 2,000 250 divest IT 200 6,000 1,500 divest IT 150 4,500 1,000 100 3,000 500 50 1,500 0 0 0 2020 2021 2022 2023 2024 Revenue (left scale) EBITDA (right scale) Backlog Design Wins (in EUR million) Results 2023 Results 2024 Guidance 2025 Revenue 1,226
Slide 16: Q&A
Q&A
Slide 17: Disclaimer
Disclaimer This document includes 'forward-looking statements'. Forward-looking statements are all statements, which do not describe facts of the past, but containing the words "believe", "estimate", "expect", "anticipate", "assume", "plan", "intend", "could", and words of similar meaning. These for
Slide 18: APPENDIX
4Vv kontron The Power of loT APPENDIX
Slide 19: The Kontron Share
The Kontron Share Price target clearly above current share price Shareholder Structure Coverage Hauck & Aufhäuser Buy: EUR 37.00 Jefferies Buy: EUR 27.00 Ennoconn - 27.5% Kepler Cheuvreux Buy: EUR 25.00 Naneva B.V (PPF Holdings B.V.) - 4.9% mwb research (prev. Alster) Buy: EUR 35.00 Kontron Manageme
Slide 20: Update on ESG: Achievements
Update on ESG: Achievements Recognition of Kontron’s ESG efforts › MSCI: A (previously BBB) › EcoVadis: 50 (rated above industry average) › Sustainalytics: 17.9 (low risk) › Moody’s: 38 (improvement by 4 points since 2022) › ISS ESG: C (previously C-) › Double Materiality Analysis (CSRD requirement)
Slide 21: Update on ESG: Outlook & Targets
Update on ESG: Outlook & Targets › Corporate Carbon Footprint (Full disclosure on Scope I, II, III) › Climate Risk Analysis › EU Taxonomy alignment › CSRD compliance – Sustainability Statement 2024 (ESRS) based on Double Materiality Analysis › Kontron’s Green Products – communicating our products be
Slide 22: Competitive landscape
Competitive landscape Leap forward in 2024 Our distinctive competitive advantages Selected competitors in Revenue Region Industrial IoT (in USD m) › Unmatched R&D scale: EUR 190m annual investments Curtiss Wright* 2,845 North America Kontron 2,100 Europe › Cost efficient solutions: EUR 51k p.a. aver